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logo
  • Home
  • Home Purchase
  • Refinance
  • Rates
  • Apply Now
  • News
  • Videos
  • Resources
  • Loan Programs
  • Loan Process
  • Mortgage Basics
  • Mortgage Calculators
  • Online Forms
  • Testimonials
  • Texas Complaints
  • Blog
  • FAQ
  • About
  • Loan Officers
  • Contact
  • 888.574.8287

Who determines the market value of a property?

The property seller sets the price, especially for residential property, not the Appraiser. Sellers usually don't order an appraisal because they want to obtain the highest price for their home and therefore don't want to be bound by the Appraiser's assessment.

The real estate agent receives a percentage of the price as compensation and often represents the seller in the transaction and assists them in setting the sale price. They perform a Comparative Market Analysis (CMA), which real estate agents in most states are allowed to perform without an Appraiser's License or Certification. The CMA is vital to the agent’s preparation for a listing examining recent property sales in the neighborhood to arrive at a listing price. Typically the agent will suggest a price to the seller based on the CMA however the seller may choose to list their property for a higher price.

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About Us

At Barcode Financial, we never forget that we are consumers. We refuse to internalize the cynicism that comes from being professional sellers.

Company NMLS: 237424
www.nmlsconsumeraccess.org

Contact Us

California:
22231 Mulholland Hwy, Suite 117      Calabasas, CA  91302

Texas:
5601 Bridge St, Suite 300
Fort Worth, TX  76112


Ph: 888.574.8287  mark@barcodefinancial.com

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